Housing Assistance Management Enterprise

Organization Overview

Housing Assistance Management Enterprise is located in Salt Lake City, UT. The organization was established in 1993. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Housing Assistance Management Enterprise is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, Housing Assistance Management Enterprise generated $2.9m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $2.5m during the year ending 12/2023. While expenses have increased by 8.1% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE DWELLINGS FOR LEASING TO LOW AND MODERATE INCOME PEOPLE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE DWELLINGS FOR LEASING TO LOW AND MODERATE INCOME PEOPLE AS DEFINED BY THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD).


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $653,740
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$653,740
Total Program Service Revenue$1,847,436
Investment income $447,535
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,948,711

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